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1. Nifty is up moderately, less than 0.5%.
2. Today US markets are closed, so there will be no major Global cues.
3. There are no big events for next 3 days.
4. Expiry is just 3 days away.
Then why Nifty ATM straddle is trading at Rs 400 and India VIX spiked by 5%?
Please circulate this.
It should reach every Indian.
FM S JaiShankar ji clarification should be widely publicized..
Something which should be VIRAL .
Jai Hind 🇮🇳
It is always good to read before one reacts. The document you quote says, “The charges in the indictment are allegations and the defendants are presumed innocent unless and until proven guilty.”
But be as it may, the essence of the charge is that US and Indian companies agreed to supply 12 GW of power to the Solar Energy Corporation of India (SECI). This was subject to SECI entering into PPA with State electricity distribution companies (SDCs). There was a collaboration between Adani Green Energy with a US renewable energy, Azure Power, under which Azure was allotted 4 GW and Adani Green Energy 8 MW.
Since the power was costly, the SDCs were not willing to buy. Therefore, the Adanis (in collusion with Azure Power; a US firm) paid the equivalent of US $265 million to SDCs based in Odisha (BJD ruled), Tamilnadu (DMK), Chattisgarh (Congress) and Andhra Pradesh (YSRCP) between Jul 21 and Feb 22 (by far the largest to AP).
All the States mentioned here were Opposition ruled during that time. So, before you pontificate, answer on the bribes the Congress and its allies accepted.
Besides, an Indian Court can similarly, on legitimate grounds, accuse American firms of bribing US government officials, to deny access to Indian markets. Should we then allow law to take its course and the concerned corporate to defend or plant ourselves in domestic politics of a foreign country?
Don’t get needlessly excited. The timing of the report, just before the Parliament session and Donal Trump’s impending Presidency raises several questions. That the Congress is willing to be a prop in the hands of George Soros and his cabal speaks volumes.
So the November 2021 highs were the tops for most crypto, now there has been crazy wealth destruction.
But with such TV ads, waiting for data how much Indian money went down the drain in these cryptos and stuff people put their money in without understanding.
Thank you @safiranand for being on today's Spaces & sharing your insights on the markets & beyond.
Kudos to @AshwinRaghunath of @BiIndia & @iYashUpadhyaya for hosting this.
Those who missed it, here's the recording:
https://t.co/hxu6o40wIK
#Russia is ready for dialogue with the Ukrainian authorities and foreign partners to resolve the conflict, says Putin in a phone conversation with Turkish President Erdogan #Ukraine https://t.co/BRi3ffSx7e